Frontline Business Solutions to consider preferential allotment on Oct 16, 2010

Frontline Business Solutions Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 16, 2010, to consider the preferential allotment of shares / warrants to promoters and non promoters.

The stock was trading at Rs.12.20, down by Rs.0.64 or 4.98%. The stock hit an intraday high of Rs.13.40 and low of Rs.12.20.

The total traded quantity was 32800 compared to 2 week average of 9500.

Source : Equity Bulls

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